Singapore - Vinegar - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVinegar Price in Singapore - 2022
Contents:
- Vinegar Price in Singapore (CIF) - 2022
- Vinegar Price in Singapore (FOB) - 2022
- Vinegar Imports in Singapore
- Vinegar Exports in Singapore
Vinegar Price in Singapore (CIF) - 2022
In September 2022, the average vinegar import price amounted to $2,106 per ton, rising by 39% against the previous month. Over the period under review, the import price, however, showed a noticeable descent. Over the period under review, average import prices attained the peak figure at $2,875 per ton in July 2022; however, from August 2022 to September 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Italy ($9,486 per ton), while the price for Malaysia ($866 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Vinegar Price in Singapore (FOB) - 2022
The average vinegar export price stood at $3,140 per ton in 2022, falling by -9.5% against the previous year. Overall, the export price, however, posted strong growth. The growth pace was the most rapid in 2020 when the average export price increased by 33% against the previous year. As a result, the export price reached the peak level of $3,658 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($6,348 per ton), while the average price for exports to Maldives ($918 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Vinegar Imports in Singapore
In 2022, the amount of vinegar imported into Singapore dropped to 5.1K tons, stabilizing at 2021 figures. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.2%.
In value terms, vinegar imports fell slightly to $8.4M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 10% against the previous year.
| Import of Vinegar in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 2.8 | 2.7 | 2.2 | 6.9% |
| China | 2.0 | 1.9 | 2.1 | 1.8 | -3.5% |
| Italy | 0.6 | 0.8 | 0.8 | 0.9 | 14.5% |
| Japan | 0.9 | 0.8 | 1.0 | 0.9 | 0.0% |
| Malaysia | 0.6 | 0.7 | 0.6 | 0.7 | 5.3% |
| Taiwan (Chinese) | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Philippines | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Others | 1.0 | 0.8 | 0.8 | 1.1 | 3.2% |
| Total | 7.7 | 8.5 | 8.7 | 8.4 | 2.9% |
Top Suppliers of Vinegar to Singapore in 2022:
- China (1638.3 tons)
- Malaysia (1073.6 tons)
- United States (665.4 tons)
- Japan (479.3 tons)
- Philippines (324.9 tons)
- Taiwan (Chinese) (250.2 tons)
- Italy (216.1 tons)
Vinegar Exports in Singapore
In 2022, overseas shipments of vinegar were finally on the rise to reach 501 tons after two years of decline. In general, exports, however, continue to indicate a noticeable setback.
In value terms, vinegar exports dropped to $1.6M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $1.9M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Vinegar in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 688 | 577 | 665 | 686 | -0.1% |
| Bangladesh | 178 | 659 | 253 | 185 | 1.3% |
| United Arab Emirates | 3.0 | 6.4 | 3.3 | 164 | 279.5% |
| Indonesia | 242 | 363 | 166 | 112 | -22.6% |
| Cambodia | 46.7 | 42.2 | 80.9 | 91.6 | 25.2% |
| Hong Kong SAR | 3.2 | 3.7 | 108 | 88.5 | 202.4% |
| Pakistan | N/A | N/A | N/A | 56.3 | 0% |
| Thailand | 21.2 | 33.0 | 47.4 | 40.3 | 23.9% |
| Brunei Darussalam | 42.8 | 57.1 | 166 | 33.7 | -7.7% |
| Maldives | 35.8 | 25.7 | 40.3 | 33.2 | -2.5% |
| Australia | 32.4 | 22.2 | 12.0 | 16.2 | -20.6% |
| Sri Lanka | 95.8 | 21.0 | 6.0 | 3.6 | -66.5% |
| United States | 49.8 | 16.6 | 4.4 | 1.3 | -70.3% |
| Others | 136 | 78.4 | 145 | 60.8 | -23.5% |
| Total | 1,576 | 1,906 | 1,698 | 1,573 | -0.1% |
Top Export Markets for Vinegar from Singapore in 2022:
- Malaysia (198.2 tons)
- United Arab Emirates (94.1 tons)
- Bangladesh (37.9 tons)
- Maldives (36.2 tons)
- Hong Kong SAR (22.4 tons)
- Cambodia (20.5 tons)
- Indonesia (17.6 tons)
- Brunei Darussalam (16.0 tons)
- Pakistan (12.0 tons)
- Thailand (9.7 tons)
- Australia (3.7 tons)
- Sri Lanka (1.5 tons)
- United States (0.6 tons)
This report provides an in-depth analysis of the vinegar market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841130 - Vinegar and substitutes for vinegar made from wine
- Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the vinegar market in Singapore.
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This report provides an in-depth analysis of the global vinegar market.
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This report provides an in-depth analysis of the vinegar market in Singapore.
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This report provides an in-depth analysis of the global vinegar market.
298
Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.
3836
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
1163
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
298
Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.
3836
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
1163
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
